Financial issues are continuing to plague a Triad school system, and now a new Chief Financial Officer will be needed.Kim McVey, Chief Financial Officer of the Alamance-Burlington School System, is no longer employed by ABSS. School officials confirmed to WXII that the school district decided to part ways with McVey on Sunday.Top StoriesClemmons Elementary School video of cereal box dominoes goes viral on TikTokGreensboro police officer injured in crash, Triad man facing multiple charges including DWI, officials say Greensboro judge to decide if police body camera from city manager's 'family disorder' will be made publicGet the latest news stories of interest by clicking hereThis comes as ABSS is facing potential staff cuts due to financial strains. Last year, millions of dollars were spent fixing a major mold issue in many schools in the district.Watch: NOWCAST streaming newscastsDeputy Superintendent Lowell Rogers is now overseeing the books for ABSS. In a statement, Superintendent Dain Butler said the district is working with the North Carolina Department of Public Instruction to hire an interim CFO to finalize their budget for the next fiscal year.According to ABSS officials, they are trying to find solutions for the fiscal year, which ends on June 30, all while working on the budget for the next fiscal year.Keep up with the latest news and weather by downloading the WXII app here.There have also been a significant amount of principal shifts in just the past few days, including moving assistant principals into principal roles and then not filling the assistant principal roles.Hiring for the 2024-2025 school year is currently being held off. NAVIGATE: Home | Weather | Watch NOWCAST TV | Local News | National | News We Love |TRENDING STORIES